⌛🦜SANDBOX- Resistance now, then off to 7,3$ 🏴☠️We were expecting to post this sometime next week but SAND had a different opinion!
Despite the blood bath in the crypto market (BTC 6% lower today), Sand decided to explode and hit our target of 4,6$ which acted as resistance exactly as we expected! Check our previous idea here :
In other words, resistance now, price might drop a bit before it storms over this level and off to 7,3$
Technical analysis is simpler than you think..when married with the right fundamentals..pure magic!
One Love,
the FXPROFESSOR
SANDUSD
SAND/USDT (WE MAY GO FOR A PULLBACK)
Sand/usdt outperformed btc in the last 4 days as i predicted, but wait a minute a cryptocurrency can't to the moon without some pullback or correction we can see that rsi 4h 1 days are in overbought .
Sand/usdt have been in a parallele channel , what we can see ( the most probability things is to see a break down to complete our 4 wave , we know that the RSI , STOCH are in overbought we are also in the end of wave 3 )
-What can we do now ? When we are going to see a breakdown of the channel we can enter in a short position with a sl in the middle of the channel to avoid any fakeout ....
-if we broke the channel to the upside the simple answer is that the 3th wave is not finish and we can see more upside in the next hour.
Thanks you for reading , have a good trading session on our thursday !
SANDUSDT analysis ideasSAND seem to be a Bullish 📈 In TF 15min
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⌛🦜SANDBOX- Will Bury Both MANA and AXS (under the sand) 🏴☠️☠️It's coming and it's coming STRONG!
SANDBOX is our Top of the List selection for the 'Metaverse/Game'' category.
Unlike our general disappointment with the Decentraland (MANA) experience which is 'Up but not Running well'.
There is a map to the treasure and you can check it out here: www.sandbox.game
You can check our view on MANA as well as AXS in our previous posts below.
MAJOR NEWS:
Sandbox Metaverse Alpha to launch Nov. 29 after four years in development and our information (which is usually right as we like to go deep into research) is that it is AWESOME!!!
Then again that's a personal opinion, now you know ours.
One Love,
the FXPROFESSOR 🏴☠️
PS. As you might have noticed we were not posting a lot the last few days because a correction was kinda expected. We wanted to post after that would happen... Sandbox has been flying already the last couple of days despite the dip. I wish we had the balls to share this with you a bit earlier but better late than too late!
SANDBOX, MASSIVE Broadening-WEDGE, How It Completes!Hello,
Welcome to this analysis about SANDUSD, we are looking at the 2-hour timeframe perspectives. In my recent altcoin research I discovered this main formational structure forming for SANDBOX that can transform into something very very valuable when this huge formation completes and SANDBOX validates the dynamics. In this case as it is shown in my chart SANDBOX is building this huge broadening-wedge-formation with the coherent wave-count within the formation and the waves A to D almost already completed. Now SANDBOX is about to form the wave E of this whole wave-count which will complete it with a bounce within this main support-confirmational-bounce-cluster where several supports coming together consisting of the ascending-support-line, the EMAs and the horizontal support between the 2.395 and 2.485 USD level, when SANDBOX manages to bounce appropriately within these supports this will be a great origin to complete the wave-count and after that also complete this whole massive broadening-wedge-formation with a breakout above the upper-boundary. When SANDBOX finally shows up with the breakout this will be the origin for further continuations and SANDBOX will activate the upper targets, in this case a great setup to consider on the long-side.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Great fortune, is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
SAND printing a nice Falling Wedge - Keep an eye on this!Here's a quick Look at SAND 2 hr chart. As we can see, the price has been forming a falling wedge and we could see a break either way soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above falling wedge with good amount of volume .
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The idea is: Buy when the price breaks above falling wedge and take profits at the levels shown in the chart.
Targets:
1. 2.77$
2. 2.99$
3. 3.19$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SAND's bullish Movement is not over yet!Hi every one
SAND/USDT
SAND has done a Pretty Bullish Movement recently, But This seems to be only the Beginning! as you can see The Price has Created a Bullish flag Pattern! this pattern is Gonna Increase the Price as much as the flag Pole! when the break out happens, we shall see SAND fly!
🟢Summery:
-SAND is in a Bullish Flag
-No break out yet!
-we shall see It Fly soon!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
The Sandbox SAND next levels SANDUSDT has made some correction after making big move previously. On hourly time frame if candle closes above 2.665 level we can see a move above 3 as smaller time frame downward trend line is also broken. on the downside support levels are at 2.4175 and 2.16. With the stop losses at support levels on can attempt a long on it
#SAND SANDBOX - Support if it dropsSAND is on a parabolic run currently but I was thinking where could the bring be brought back down to if it begins to retrace. The 100 SMA and the prior all time high seems to be a possible support area.
Let's see how long the parabolic run will last!
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins